Survey: Four in 10 Businesses Expect Credit Needs to Rise in 2022
Despite uncertainty related to COVID-19, four in 10 businesses say they expect their credit needs to increase in 2022, according...
Newsbytes
Bisignano, Foss and DuVal to Speak at Conference for Community Bankers
Executives from the nation’s top core providers, including Fiserv CEO Frank Bisignano, Jack Henry CEO David Foss and FIS EVP...
ABA Supports Fed Single-Day Migration to New Message Format, Concerned About Lack of Detail
The American Bankers Association told the Federal Reserve on Monday that it supports a plan to migrate to a new...
ISM Manufacturing Decreases in December
The ISM Manufacturing Index registered 58.7 points in December, 2.4 percentage points lower than the November reading of 61.1%. This...
ABA Foundation Raises Nearly $40,000 in Support of Kentucky Tornado Relief Efforts
The ABA Foundation—in partnership with the Kentucky Bankers Association—has raised nearly $40,000 to support relief efforts in the wake of...
Construction Spending Increases in November
Construction spending was at a seasonally adjusted annual rate of $1,625.9 billion in November, 0.4% above the revised October estimate...
IRS Releases Final Regs on Tax Implications of Post-Libor Modifications
Shortly before the cessation of two U.S. dollar Libor tenors on Dec. 31, the IRS last week issued final regulations...
McWilliams to Resign from FDIC
FDIC Chairman Jelena McWilliams today announced that she will resign from the agency on Feb. 4.
FDIC Releases New FAQs, Designated Exception on Brokered Deposits
The FDIC this week released three new frequently asked questions on its brokered deposits rule, which took effect in April...
ABA, Groups Seek Changes to Support Sub S, Mutual Banks Receiving ECIP Investments
With the Treasury Department investing $8.7 billion in community development financial institutions and minority depository institutions through its Emergency Capital...
